5 Talents Podcast - How To Build Wealth Like the 1%

Resourcefulness is the Ultimate Resource with Tim Bratz - $350MM+ of CRE Property

September 22, 2020 Abel Pacheco Season 1 Episode 5
5 Talents Podcast - How To Build Wealth Like the 1%
Resourcefulness is the Ultimate Resource with Tim Bratz - $350MM+ of CRE Property
Show Notes

If you're saying you don’t have enough money to get started, you won’t know what to do when you have it. Today’s guest, Tim Bratz is a master of resourcefulness; his story finds him going from living in his car, taking showers in hotel sinks, to making deals in Multifamily and building wealth. Tim is now the CEO of Legacy Wealth Holdings where His current portfolio consists of 4,000+ rental units, with a portfolio value of $350M+. Let’s learn from Tim how resourcefulness can help you build wealth.

[00:01 - 08:16] Opening Segment

●     Let’s get to know Tim Bratz

  • CEO and Owner of Legacy Wealth Holdings 

●     Tim gives us a bit of background on his story

  • The art of resourcefulness

[08:17 - 17:49] Becoming Resourceful 

●     Tim talks about the lessons he learned on the journey 

●     If you can find good deals you can find good money 

●     Tim talks about his time involved in an MLM 

●     From the top 1% in Single Family, to flat broke 

●     Tim talks about getting back into Multifamily Real Estate and building wealth 

[17:50 - 28:37] Learning the Right Things from the Right People 

●     We talk about why Multifamily over Single as per Tim’s story 

●     The value of Mastermind groups over mentors 

[28:38 - 33:24] Getting Your First Deal

●     Tim shares key advice to people starting out

●     You won’t do the big deals if you can’t do small deals

●     I summarize what we can take away from Tim

[33:25 - 39:35] The Growth Process 

●     Tim talks about his growth process and how it happened

●     Working smarter not harder 

●     Giving value is better than grabbing money 

[39:36 - 49:16] Closing Segment

●     Tim talks about his books for child development

  • Little Legacy Library - links below 

●     How to reach out to Tim

  • Links Below 

●     Final Words - connect with us 

Tweetable Quotes:

“Resourcefulness is the ultimate resource. If you are resourceful you will find the time, you will find the money, you will find the knowledge… “ - Tim Bratz

“Just go do deals, your actions and successes will speak for themselves.” - Tim Bratz 


●     5TCRE Investments

●     5TCRE Free ebook

●     Kingdom Capitalists Mastermind

●     Little Legacy Library: Tim Bratz books for High-Level Child Development


Connect with Tim on LinkedIn, Instagram and Facebook @timbratz. Visit legacywealthholdings.com/ and listen to the Legacy Wealth Holdings Podcast to learn more. 

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